JetBlue Airways Corporation (NASDAQ:JBLU) reported its preliminary traffic results for May 2019. Traffic in May increased 5.7 percent from May 2018, on a capacity increase of 5.4 percent.
Load factor for May 2019 was 86.0 percent, an increase of 0.2 points from May 2018. JetBlue’s preliminary completion factor for May 2019 was 99.7 percent and its on-time (1) performance was 77.6 percent. JetBlue expects second quarter revenue per available seat mile (RASM) to range between 2.0 and 4.0 percent.
JETBLUE AIRWAYS TRAFFIC RESULTS | ||||||
| May 2019 | May 2018 | % Change | ||||
| Revenue passenger miles (000) | 4,587,672 | 4,342,166 | 5.7% | |||
| Available seat miles (000) | 5,335,414 | 5,060,948 | 5.4% | |||
| Load factor | 86.0% | 85.8% | 0.2 pts. | |||
| Revenue passengers | 3,689,933 | 3,639,008 | 1.4% | |||
| Departures | 31,073 | 31,459 | (1.2)% | |||
| Average stage length (miles) | 1,140 | 1,084 | 5.2% | |||
| Y-T-D 2019 | Y-T-D 2018 | % Change | ||||
| Revenue passenger miles (000) | 21,908,384 | 20,509,872 | 6.8% | |||
| Available seat miles (000) | 26,164,526 | 24,105,652 | 8.5% | |||
| Load factor | 83.7% | 85.1% | -1.4 pts. | |||
| Revenue passengers | 17,521,428 | 17,123,161 | 2.3% | |||
| Departures | 151,461 | 148,390 | 2.1% | |||
| Average stage length (miles) | 1,151 | 1,095 | 5.1% | |||
(1) The U.S. Department of Transportation considers on-time arrivals to be those domestic flights arriving within 14 minutes of schedule.
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. JetBlue carries more than 42 million customers a year to 100+ cities in the U.S., Caribbean, and Latin America with an average of more than 1,000 daily flights. For more information please visit jetblue.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190612005161/en/
Contacts:
Tel: +1 718 709 2202
ir@jetblue.com
JetBlue
Corporate Communications
Tel: +1 718 709 3089
corpcomm@jetblue.com
